ST Alpha - "also, this scenario explains why the procedure costs a $1000" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 155

In response to "Andie, from b2. most insurance companies have agreements with various docs/hospitals on the amount a procedure can be reimbursed at." by tRuMaN

also, this scenario explains why the procedure costs a $1000

Posted by tRuMaN (aka Truman) Jul 21 '09, 07:21

cause that is to make up the difference in actual costs (say $650) to what they usually get ($550) when non-insured or others use that same service.

Responses:

This is less true. The overwhelming majority of their services will be covered by insurance. - TFox Jul 21, 07:23 3
- health care for profit IS a bad business model - Danedukenuuk Jul 21, 07:26
- not all insurance companies pay the same rate, have the same deductible, etc. its an accounting pricing model which is setup to - tRuMaN Jul 21, 07:24 1
  - No, I agree. I think we just got twisted. You were saying that the low price of $500 explains why they charge $1000 for the uninsured. - TFox Jul 21, 07:29

Post a message top

Replies are disabled on threads older than 7 days.